Updated over 9 years ago on . Most recent reply
What to do???
I was saving for my primary residence , but that might take at least two more years of saving.
I have a opportunity to buy my second rental unit. (I have enough for that now)
I'm not sure how would this affect my chances of buying my primary in the future.
Would the affect be negative or positive..
Thanks all..
Most Popular Reply
Why not buy a multi family and house hack? Solves both issues! You get another rental plus you can take advantage of owner occupant financing. You won't have to wait for 2 more years. Lliving "rent free," will help you save much faster and after you get tired of living with tenants, you can rent out your unit and have positive cash flow. WIN WIN
Cheers,
CB



